The Next Closet from Amsterdam declares Bankruptcy amid tight Fashion Resale Market

Amsterdam-based The Next Closet, a prominent peer-to-peer marketplace for secondhand designer clothing and accessories, has been declared bankrupt by an Amsterdam court.

Netherlands

The Next Closet from Amsterdam declares Bankruptcy amid tight Fashion Resale Market

Amsterdam-based The Next Closet, a prominent peer-to-peer marketplace for secondhand designer clothing and accessories, has been declared bankrupt by an Amsterdam court.

Spain

Factorial lands €75M Investment to fuel Growth and Product Innovation

Spanish software unicorn Factorial has secured a significant €75M funding from General Catalyst, leveraging this capital to maintain robust growth as it aims for financial self-sufficiency.

Spain

Onum secures €25.7M in Series A Funding to revolutionize Data Insight Generation

The Spanish startup Onum recently announced a significant financial milestone, securing €25.7M in Series A funding to propel its mission of transforming complex, noisy data into actionable insights.

Germany

Proxima Fusion from Germany secures €20M to pioneer First-Generation Fusion Power Plants

Proxima Fusion, the first spin-out from the Max Planck Institute for Plasma Physics (IPP), has announced a significant €20M seed funding round. This round, led by redalpine and notably oversubscribed, marks a pivotal moment for the Munich-based startup.

France

Weenat from France secures €8.5M Series C Funding to address Water Scarcity in Agriculture

Weenat, a France-based agricultural technology company, has announced a significant €8.5M Series C funding round led by the European Circular Bioeconomy Fund (ECBF), with contributions from Pymwymic, LIBERSET, and IDIA Capital Investissement. This investment will fuel Weenat's expansion across Europe, enhancing the agricultural community's resilience to climate change through its

Germany

Torg from Germany secures €2.7M for AI-Driven Food & Beverage Sourcing Platform

Berlin-based Torg, a B2B startup transforming food and beverage sourcing with its AI-powered platform, has successfully closed an oversubscribed €2.7M Seed funding round. This investment will fuel the development of Torg's platform, expand its supplier database, and create more intuitive tools to streamline the sourcing process.

United States

Varda Space secures $90M for Space-Based Manufacturing Facilities

Varda Space, headquartered in California, has successfully raised $90 million in its Series B funding round, bringing its total funding to $145 million. The round was led by Caffeinated Capital (CIONIC and Cedar), with contributions from Lux Capital, General Catalyst, Founders Fund, and Khosla Ventures.

Canada, Luxembourg

Hootsuite enhances Social Media Management with Acquisition of Talkwalker

Vancouver's Hootsuite, a leading social media management platform, has announced its acquisition of Talkwalker, a Luxembourg-based provider of AI-powered social listening solutions. This strategic move aims to elevate Hootsuite's capabilities in the evolving landscape of social media performance.

United Kingdom

Log my Care raises €3.4M to enhance Digital Care Management Platform

Log my Care, a London-based pioneer in digital care management, has successfully raised an additional £3M (approximately €3.49M) in funding from its existing investor, Mercia Ventures. This latest investment brings the company's total funding to over £7M (approximately €8.15M), marking a significant milestone in its journey to revolutionize care management.

Austria

Paddy Cosgrave reclaims CEO Position at Web Summit

Web Summit, the esteemed annual technology conference held in Lisbon, Portugal, has welcomed back its co-founder Paddy Cosgrave as CEO. This leadership change comes after Katherine Maher's brief tenure as CEO, which followed Cosgrave's departure amid controversy over his public criticisms related to the Israel-Hamas conflict in October 2023.

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Netherlands

The Next Closet from Amsterdam declares Bankruptcy amid tight Fashion Resale Market

The Next Closet from Amsterdam declares Bankruptcy amid tight Fashion Resale Market

Factorial lands €75M Investment to fuel Growth and Product Innovation

Onum secures €25.7M in Series A Funding to revolutionize Data Insight Generation

Proxima Fusion from Germany secures €20M to pioneer First-Generation Fusion Power Plants

Weenat from France secures €8.5M Series C Funding to address Water Scarcity in Agriculture

Torg from Germany secures €2.7M for AI-Driven Food & Beverage Sourcing Platform

Varda Space secures $90M for Space-Based Manufacturing Facilities

Hootsuite enhances Social Media Management with Acquisition of Talkwalker

Log my Care raises €3.4M to enhance Digital Care Management Platform

Paddy Cosgrave reclaims CEO Position at Web Summit

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Alternative Startup Funding: Grants, Crowdfunding, and Revenue-Based Financing

IDnow acquired by Corsair Capital in €273M Deal to expand Identity Verification Services

CollX secures $10M to expand AI-Powered Trading Card Marketplace

Renaissance Fusion secures €32M to simplify and scale Stellarator Fusion Reactors

Ataraxis AI secures $20M to reduce unnecessary Chemotherapy with AI-Powered Cancer Predictions